Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 63.81M
December 31, 2022 54.23M
December 31, 2021 44.98M
December 31, 2020 31.93M
December 31, 2019 23.56M
December 31, 2018 19.04M
Date Value
December 31, 2017 13.74M
December 31, 2016 9.000M
December 31, 2015 6.967M
December 31, 2014 22.22M
December 31, 2013 0.0116M

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

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Research and Development Expense (Annual) Range, Past 5 Years

23.56M
Minimum
2019
63.81M
Maximum
2023
43.70M
Average
44.98M
Median
2021

Research and Development Expense (Annual) Benchmarks